Update on Unexpected Voting Power Behavior

Many users are experiencing an issue where voting power appears to drop dramatically upon first using the blockchain after HF20. We have diagnosed the cause for this and confirmed that the issue will resolve within 5 days and does not require a hardfork.

Only Temporary

This issue affects everyone equally (aside from those accounts which have not voted in the past 5 days) and once voting power regenerates over the next 5 days, this type of behavior will not present again. In addition, most accounts that have been active will return to their expected voting power equilibrium within one day. Large accounts that have been active, but only infrequently, will be impacted most significantly. Those accounts that haven’t voted in 5 days are not affected by this issue, but the more recent your last vote the more your voting power will be impacted.

Equal Impact

No one account is depriving another of their voting power or gaining an unfair advantage. During the implementation of the Resource Credit system, voting power was rescaled and no scaling factor was added to ensure a consistent user experience. This was an oversight on our part and for this we apologize. Again, this behavior is a one time issue that will resolve itself over the next 5 days.

This appears to be the only issue that has been brought to our attention that is due to consensus-level code and again is not an issue that will reappear.

Your input is priceless to see on the blockchain sir! as an investor let me work with you to make steemit great again! I have a couple projects I would be honored for you or any other whales that care about the future of Steemit would read one or two proposals and consider supporting in some way and show all the haters on Steemit you can help them all?

I also heard @ned said if witnesses did not implement HF20 even without testing SMT's are off as he cannot afford development of both or something to that effect.
I also noticed the recent withdrawal of millions of STEEM from Steemit.com.
I have also heard Ned owns an island and is worth 100's of millions yet cannot afford development? I hope these are rumors and things improve soon...
Ned fly me to your island so we can talk about the future of STEEM!
Your marketing is lacking to say the least.

I second that. I actually assumed this would be added to the UI. Really surprised that it's not. In order to improve the user experience, it is crucial that this get added somewhere where it's easy to find. Otherwise, all the talk of "gamifying" the experience with RCs goes right out the window.

For what i know, RCs is the amount of mana you can use to vote, post, redeem rewards or any interaction with the blockchain... Voting mana really doesnt exist, just voting power, although your RCs (mana) is consumed every time you vote also... The more steem power you have, you have more recourse credit (mana)... Its almost the same than before, just that no one cared about bandwidth because that rarely got consumed (just for very rare cases for users with very low steem power)... Now seems like mana get consumed very quick... we just have to wait to see how this develops...

Good explanation. A part I want to elaborate a bit about is this though:

The more steem power you have, you have more recourse credit (mana)... Its almost the same than before, just that no one cared about bandwidth because that rarely got consumed (just for very rare cases for users with very low steem power)

While having issues with the bandwidth was rare in the last few months, it used to be a huge issue. Back when Steem was $6, the activity on the blockchain was a lot higher, and pretty much everyone with less than 50 Steem Power could not properly use the blockchain at all. They could vote on a few things, make a few comments, and then they would have to wait.

This is also the reason why the system was changed to RCs, which could give people a more predictable measurement as to what they could do on the blockchain, instead of the seemingly random bandwidth system.

Yeah, it was pretty bad, but it should be a bit better by now. You can also see a list of all the actions you can performm over at http://steem.supply/@goldrooster. I don't think a price list would be really effective, since the cost of the actions will change all the time.

I think a lot of us are having trouble even making comments. It's going to be a quiet week on the Steem blockchain, lol. But hey, I totally accept this price if it will bring the much needed changes promised and pave the way for Communities and SMT's.

The thing is, just looking at the accounts with million+ SP, some accounts just suddenly lost 5 days worth of voting capabilities (like this one, @steemhunt, @fundition, @dtube), while others with similar activity & stake/delegations were totally unaffected (@hendrikdegrote)... That certainly does not reflect the statement here:

This issue affects everyone equally (aside from those accounts which have not voted in the past 5 days)

I believe that bug is actually in the API and so is not the same issue. The voting power field is wrong for big stakeholders because it's overflowing the calculation. In short, they haven't lost their voting power, it just looks like they have due to a non-consensus bug in an API.

Hello @andrarchy , with this new RC system, is a post weighted equally as comment? I ask because in the manna and Rc stat in Steemd, amount of RC needed for a post is omitted. Expecting a reply. Thanks.

Almost 3 days ago I want to publish an article in Spanish, it's the first time I do it and the frustration is really immense !. Continuously when I click to post come the follow:
RPC Error plugin execption account Resis... needs 570765890765 RC, please wait to transact or powwer up Steem!!
Could someone clarify me in a really simple way, what should I do?
Thanks very much for the eventual help!

You have joined on a day the whole steemit system was changed. All users are confronted with so called RC not being high enough (yet) to do something. Each action you do now requires something called RC. I looked at your account and your RC battery is at 13% and growing to 100 in … days (?). I myself have a large account (I thought) with 700 SP and even I cannot do what I wanna do.

We all like @ned, but he should seriously consider stepping down as CEO and hiring a CEO that can run a tech company. This way he can spend his time playing his guitar and continue doing whatever he has been doing all this time.

I know a program manager that is running a multi-billion dollar contract. He is tired of the government bureaucracy and is looking for a change. If @ned starts taking resumes, I will try to convince him to submit his resume.

I looked through the comments and did not see this question asked, but I think it is important.

If STEEM has a fixed reward pool for each day, and no one can vote over the next 5 days while they recharge their VP, what happens to the reward pool during this time? Where does all of that STEEM go if it is not being distributed by votes?

The pool should grow and there should be more steem to distribute once everything get fixed... That means we should get a little more rewards then for a little while, no big deal... In any case, i am not sure if there is enough steem being produced right now, with all this crazy stuff going on...

Editing old post doesn't seem very useful, deleting them maybe... In the current state we cant delete a post we make accidentally, or out of schedule by mistake... That should be more relevant than editing old posts...

I think it's primarily relevant in the context of eventual take down notices. Let's say someone published content from a third party without permisson (copyright). Then the owner of those rights may force the author to edit the content respectively. Currently all those take down notices arrive at Steemit, Inc, so I imagine they'd love to delegate them to the original authors.